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Miata Metals Announces Filing of Final Short Form Prospectus – Accessible on SEDAR+
Globenewswire· 2025-12-05 00:19
Core Points - Miata Metals Corp. has filed a final short form prospectus for a public offering of common shares at $0.48 per share, aiming for gross proceeds of up to $10,000,080 [1] - The offering is being managed by a syndicate of agents led by Cormark Securities Inc., with an option to sell an additional 3,125,000 shares, potentially raising total gross proceeds to $11,500,080 if fully exercised [2] - The closing of the offering is expected around December 8, 2025, pending regulatory approval [4] Company Overview - Miata Metals Corp. is a Canadian mineral exploration company listed on the Canadian Securities Exchange, OTCQB, and Frankfurt Exchanges, focusing on the acquisition, exploration, and development of mineral properties [6] - The company holds a 70% interest in the Sela Creek Gold Project and a 70% beneficial interest in the Nassau Gold Project, both located in Suriname's greenstone belt [6]
North American Niobium and Critical Minerals Corp. Announces Private Placement of Flow-Through Shares
Globenewswire· 2025-12-04 23:49
Core Viewpoint - North America Niobium and Critical Minerals Corp. is initiating a non-brokered private placement to raise up to $1,000,000 through the issuance of flow-through common shares at a price of $1.45 per share, aimed at advancing exploration programs in Quebec [1][5]. Group 1: Offering Details - The company plans to issue up to 689,655 flow-through common shares at $1.45 each, with gross proceeds expected to reach $1,000,000 [1]. - Finders' fees of up to 7.0% of the gross proceeds will be paid to eligible finders, along with non-transferable finders' warrants equivalent to 7.0% of the FT Shares sold [2]. - The proceeds will be allocated to eligible Canadian exploration expenses in Quebec, specifically for flow-through critical mineral mining expenditures, with a commitment to incur these expenses by December 31, 2026 [3]. Group 2: Regulatory and Closing Conditions - The closing of the offering is contingent upon receiving necessary corporate and regulatory approvals, including from the Canadian Securities Exchange (CSE) [4]. - All securities issued will be subject to a statutory hold period of four months plus a day from the issuance date [4]. Group 3: Company Overview - North American Niobium and Critical Minerals Corp. focuses on the acquisition and development of precious, base, and critical mineral assets, with properties in British Columbia and Quebec [6]. - The Quebec properties enhance the company's exposure to rare earth elements, niobium, and nickel-copper occurrences, which are vital for energy and defense applications [6].
Military Metals Announces Closing of Fully Subscribed LIFE Offering
Newsfile· 2025-12-04 23:46
Core Viewpoint - Military Metals Corp. has successfully closed a non-brokered private placement, raising approximately $2.99 million through the issuance of 8,332,888 units at a price of $0.36 per unit, indicating strong market interest in its exploration strategy in Slovakia [1][3]. Group 1: Offering Details - The private placement consisted of units, each comprising one common share and one-half of a common share purchase warrant, with warrants exercisable at $0.55 for twelve months [2]. - A lead order of $1.5 million was received from a European investor, highlighting significant interest in the company's projects [3]. - The company paid a cash finder's fee of $49,321 and issued 137,003 finder's warrants, also exercisable at $0.55 for twelve months [4]. Group 2: Use of Proceeds - Proceeds from the offering will be allocated towards technical work, including a Preliminary Economic Assessment for the Trojarová antimony-gold project and infill drilling [6]. Group 3: Regulatory Compliance - The units were issued under the Listed Issuer Financing Exemption, allowing sales to purchasers in all Canadian provinces except Quebec, and are not subject to a hold period under Canadian securities laws [5].
Corcel Exploration Closes Non-Brokered Private Placement
Newsfile· 2025-12-04 21:26
Core Viewpoint - Corcel Exploration Inc. has successfully closed a non-brokered private placement, raising CAD$2,102,723.64 through the issuance of 11,681,798 units at a price of $0.18 per unit, which will be utilized for exploration at the Yuma King Project and for working capital purposes [1][2]. Group 1: Offering Details - The Offering consists of units, each comprising one common share and one-half of a common share purchase warrant, with warrants priced at $0.30 per share and valid for 24 months [1]. - The Company has the option to accelerate the expiry date of the warrants if the ten-day weighted average closing price of the shares reaches or exceeds $0.40 [1]. - Finders fees of $67,459.56 were paid, along with the issuance of 374,775 finders warrants, allowing the purchase of common shares at $0.30 until December 2, 2027 [2]. Group 2: Company Overview - Corcel Exploration is focused on acquiring and exploring mineral resources, particularly precious and base metals, across North America [6]. - The Company has a long-term lease for the Yuma King Copper-Gold project in Arizona, covering 3,200 hectares and including the historically productive Yuma Mine [6]. - Corcel also holds options for the Peak gold exploration project and has a 100% interest in the Willow copper project [6]. Group 3: Corporate Governance - Rosana Batista has been appointed as Corporate Secretary, bringing over 20 years of experience in business administration and governance [5]. - She has previously served as Corporate Secretary for Orogen Royalties Inc. and is a Chartered Governance Professional [6].
Libra Energy Materials Announces Closing of Oversubscribed Non-Brokered Private Placement Financing
Newsfile· 2025-12-04 16:31
Toronto, Ontario--(Newsfile Corp. - December 4, 2025) - Libra Energy Materials Inc. (CSE: LIBR) (FSE: W0R0) ("Libra" or the "Company") is pleased to announce that further to its press release dated November 10, 2025, the Company has closed its non-brokered private placement financing (the "Offering") for total gross proceeds of $1,209,273, consisting of 2,554,552 hard dollar common shares ("Hard Dollar Shares") of the Company at a price of $0.17 per Hard Dollar Share and 3,100,000 Critical Minerals Explora ...
MAX Power Announces Neil McMillan as Chairman of the Board
Globenewswire· 2025-12-04 15:47
Core Insights - MAX Power Mining Corp. has appointed Mr. Neil McMillan as Chairman of the Board, aiming to advance its Natural Hydrogen initiatives in Saskatchewan [1][3][7] - The company is focused on a multi-well Natural Hydrogen discovery program across 1.3 million permitted acres in Saskatchewan, marking a significant step in the sector [1][5][11] Company Leadership - Mr. McMillan has extensive experience in Saskatchewan's resource economy, having previously served as Chairman of Cameco Corp. and CEO of Claude Resources, which was sold for $337 million in 2016 [2][4] - His leadership is expected to enhance MAX Power's governance and strategic oversight as the company progresses in the Natural Hydrogen sector [3][4][7] Operational Advancements - MAX Power has successfully drilled Canada's first deep well dedicated to Natural Hydrogen at the Lawson target, reaching a total depth of 2,278 meters [5][11] - The company is advancing a fully funded multi-well program, including the Bracken target, and has confirmed Natural Hydrogen and helium across multiple horizons [5][11] Strategic Importance - The appointment of Mr. McMillan is seen as a critical move for MAX Power as it enters a new phase of development, with confirmed Natural Hydrogen at Lawson and ongoing testing [7][8] - The company aims to leverage its large land position and Mr. McMillan's expertise to enhance its profile and brand globally in the emerging clean-energy sector [7][11]
Grit Metals Appoints Vice President, Exploration and Forms Technical Advisory Board and Grants Stock Options
Newsfile· 2025-12-04 14:00
Grit Metals Appoints Vice President, Exploration and Forms Technical Advisory Board and Grants Stock OptionsDecember 04, 2025 9:00 AM EST | Source: Grit Metals Corp.Vancouver, British Columbia--(Newsfile Corp. - December 4, 2025) - Grit Metals Corp. (TSXV: FIN) (FSE: K9T) ("Grit" or the "Company") announces the appointment of Jake Clark as Vice President, Exploration, and the formation of a technical advisory board (the "Advisory Board"). The Advisory Board will comprise Keith Henderson, Dan M ...
Windfall's AI System Flags Major 3,4 km Grassroot Gold target, Showcasing the Power of Digital Exploration in Casa Berardi, Quebec
Thenewswire· 2025-12-04 14:00
Core Insights - Windfall Geotek Inc. has identified a 3 km grassroots gold target in the Casa Berardi region of Quebec using its proprietary AI System, which analyzes publicly available geological datasets [1][2] AI System Capabilities - The AI System analyzed over 24,000 historical gold-bearing assays and scored more than 5.2 million cells, reducing the search area by up to 98–99% and significantly enhancing exploration efficiency compared to traditional methods [2] Company Developments - Windfall does not hold ownership interest in the properties referenced and conducted the analysis solely to showcase its AI exploration technology [3] - André Larente, CEO/President of Diagnos, has joined Windfall's Advisory Committee, bringing extensive experience in technology and operations [4] - A total of 13 million Stock Options have been granted to directors, officers, employees, and consultants, exercisable at $0.05 CAD per share for five years [4] Business Strategy - Windfall aims to validate selected AI-generated targets to demonstrate the power and reliability of its AI system, expanding its expertise into life-saving applications such as landmine and UXO detection [5] Company Overview - Windfall Geotek is recognized as a global leader in AI-driven mineral exploration, focusing on turning complex geoscience data into high-potential discoveries with speed and accuracy [5][6]
Doubleview Extends High-Grade Domains at Hat: H099 Returns 438m of 0.40% CuEq Including 52m of 1.02% CuEq, Expanding Mineralization Envelope Around Conceptual Pit Vertically and Laterally
Newsfile· 2025-12-04 13:54
Core Insights - Doubleview Gold Corp. announced significant assay results from drill holes H097, H098, and H099 at the Hat Polymetallic Deposit, indicating an expansion of the mineralized footprint by approximately 100 meters laterally and 200 meters vertically [1][4][15] - Drill hole H099 returned 438 meters of 0.40% CuEq, including 52 meters of 1.02% CuEq, marking one of the strongest continuous mineralized intervals at the Hat deposit to date [4][11][13] - The results support the company's objective to update the Mineral Resource Estimate (MRE-2) and conduct a Preliminary Economic Assessment (PEA), enhancing confidence in the exploration model [4][12][16] Drill Results Summary - H097: 445.3 meters at 0.20% CuEq, with significant intervals including 145.2 meters at 0.25% CuEq [3][5] - H098: 393.0 meters at 0.27% CuEq, with notable sections including 148.0 meters at 0.41% CuEq [5][9] - H099: 643.0 meters at 0.34% CuEq, with key intervals such as 438.0 meters at 0.40% CuEq and 52.0 meters at 1.02% CuEq [4][5][9] Geological Interpretation - The new drill holes were designed to intersect previously undrilled areas, successfully extending the dimensions of the deposit by 200-300 meters at depth and up to 100 meters laterally [10][11][12] - The continuity of copper-gold-cobalt-scandium domains was confirmed across broad intervals, indicating strong mineralization potential [4][12][16] Expansion Potential - The results from H099, along with H097 and H098, suggest major extensions of the conceptual pit by approximately 200 meters vertically and 100 meters laterally [11][12][16] - The high-grade zones identified in the drilling indicate significant depth potential, with H099 highlighting over 50 meters exceeding 1.0% CuEq [13][16] Critical Metals Focus - Scandium grades remain consistent with prior campaigns, framing the Hat Deposit as a significant North American source of critical metals [14][16] - The potential for scandium at the Hat Deposit is estimated to be between 300 to 500 million tonnes at an average grade of 40 ppm (0.004%) Sc2O3 [31]
Scottie Resources President Dr. Thomas Mumford Awarded AME'S 2025 H.H. "Spud" Huestis Award for Excellence in Mineral Exploration
Newsfile· 2025-12-04 13:30
Core Points - Scottie Resources President Dr. Thomas Mumford has been awarded the 2025 H.H. "Spud" Huestis Award for excellence in mineral exploration by the Association for Mineral Exploration (AME) [1][3] - The award recognizes Dr. Mumford's leadership in the discovery and advancement of the Blueberry Contact Zone, which has over 1.5 kilometers of defined strike length and remains open for expansion [2][3] - The H.H. "Spud" Huestis Award is one of AME's highest honors, acknowledging significant contributions to mineral discovery and exploration success in Western Canada [3] - Dr. Mumford will receive the award at the AME Roundup 2026 Industry Gala & Awards Ceremony in Vancouver [3] - The recognition reflects the dedication of the entire Scottie exploration team in unlocking the potential of the Blueberry Contact Zone [4] Company Highlights - Scottie Resources has transformed into a leading exploration story in the Golden Triangle due to the discovery of the Blueberry Contact Zone [3] - The company expresses excitement for future growth and advancements related to this exceptional discovery [4] - The company congratulates all 2025 AME Award recipients for their contributions to mineral exploration and responsible development across Canada [4]